Scoreboard: Blame it on Rio

Shares of Brazilian companies trading in the US tumbled in response to the results of the presidential election, while energy shares were hit by another fall in oil prices.

In the US, pending home sales rose by 0.3 per cent in September after falling by 1 per cent in August. US building permits were revised higher to a lift of 2.8 per cent in September (previously 1.5 per cent). The Markit "flash" service sector PMI slipped from 58.9 to 57.3 in October -- the lowest result since April. 

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